Samsung Dims Outlook

Weakening LCD Demand Pressures Electronics Maker's Earnings

By

Jung-Ah Lee

Updated July 8, 2011 12:01 a.m. ET

SEOUL—Samsung Electronics Co. said Thursday it estimates weaker second-quarter earnings, as its liquid crystal display business likely posted its second straight quarterly loss due to slumping demand for televisions and personal computers.

Samsung, the world's biggest maker of memory chips and LCDs by sales, is the first major global technology firm to give earnings guidance for the second quarter. Its outlook reflects faltering...